Additional Quota of 25% of Rough Marble Allowed to Authorisation Holders but Import before 30 Sept 2016 Must

[DGFT Notification No. 11 dated 21^st June 2016]

Effect of this Notification: Additional quota of 25% (of the quota released last year) of Rough Marble and Travertine Blocks have been allowed to authorisation holders as an interim measure to be imported by 30th September, 2016.

Subject: Additional quota of 2 lakh MT for import of Rough Marble & Travertine Blocks to authorisation holders under Trade Notice No. 12/2014 dated 8/1/2015.

In exercise of powers conferred by Section 3 of FT(D&R) Act, 1992 (read with paragraphs 1.02,2.01 and 2.04 of the Foreign Trade Policy, 2015-20, as amended from time to time the Director General of Foreign Trade hereby allows revalidation of the import authorisations issued under Trade Notice No. 12/2014 dated 8/1/2015 upto 30th September 2016 with increase in 25% import quantity (on each such import authorisation) of Rough Marble and Travertine Blocks without any change in terms and conditions of the authorisation as an interim measure till the revised Marble Import Policy is notified. A Trade Notice indicating the quantity to be enhanced in respect of each authorisation holder is being issued separately.

2. The import authorisation holders who have been issued import authorisation under Trade Notice No. 12/2014 dated 8/1/2015 should apply to the concerned Regional Authority of DGFT by 15th July 2016 for revalidation and amendment of authorisation in Appendix 4D along with the prescribed fees. The Regional Authority shall amend the import authorisation by increasing the import quantity by 25% within ten days of receipt of the application and revalidate the authorisation up to 30th September, 2016.

3. The validity of import authorisation with additional quota shall not be extended beyond 30th September 2016.